Thursday, October 6, 2011

Real estate round-up: October 6

Check in every business day for the latest edition of Real Estate Round-up, where we post a list of our favorite real estate news stories from DC and beyond.

Headlines from the DC Metro Area:

Council Member Cheh introduces Condominium Act of 2011
DC City Council

The bill would increase transparency in condominium association board operations, permit condominium associations to deliver notice to members and conduct votes electronically, and require the associations to maintain financial records and provide owners a right of copying and inspection of the association's books and records.

What $550,000 buys you in the DC Area
DC Urban Turf

An early 20th century row home in Shaw, a 2-bedroom condo in Georgetown or a single-family home with a pond in the back yard, here's a quick overview of homes available in this price point in the DC area.

Historic Dupont mansion to be sold at auction
DC Mud

A historic, 128-year-old mansion, home of the Swann House Bed & Breakfast, located north of Dupont Circle at 1808 New Hampshire Ave, NW, and built in 1883, will be sold at auction next Friday.

National real estate news stories:

Talking money with Elmo (VIDEO)
The New York Times

In the wake of the financial crisis, "Sesame Street" is teaching children financial literacy. Ron Lieber talks to Elmo about saving and sharing.

Unwanted McMansions? Make them affordable housing
Wall Street Journal

Such homes can have more bathrooms than bedrooms, allowing for residential space that could be divided into private units, with a common kitchen and living room. Some already have or could be outfitted with second or third kitchens.

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